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122 E 17th St 6,421 SF 100% Leased Retail Building Santa Ana, CA 92706 $4,810,000 ($749.10/SF) 5.38% Cap Rate
Executive Summary
Located 3 Blocks from I-5 Freeway (372,000 vehicles per day), less than 2 miles from intersection of I-5, SR-22 and SR-57 Freeway (898,000 vehicles per day) with convenient access to all of Orange County.
Proximity to St. Joseph Hospital (largest and busiest hospital in Orange County, 463 beds), Main Place Mall (1.1 million SF), Disneyland (Orange County’s largest employer), Mater Dei High School (Top Rated Catholic School Nationwide), Historic Yost Theater and 4th St. Market in hub of the ongoing development in 4th St corridor.
Proximity to St. Joseph Hospital (largest and busiest hospital in Orange County, 463 beds), Main Place Mall (1.1 million SF), Disneyland (Orange County’s largest employer), Mater Dei High School (Top Rated Catholic School Nationwide), Historic Yost Theater and 4th St. Market in hub of the ongoing development in 4th St corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,421 SF
Building Class
C
Year Built/Renovated
1965/2010
Price
$4,810,000
Price Per SF
$749.10
Cap Rate
5.38%
NOI
$258,778
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.39 AC
Zoning
SP-3 - C-1 Zoning: Community Commercial
Parking
24 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Restaurant
- Security System
- Awning
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 398-121-06 | Improvements Assessment | $876,338 |
| Land Assessment | $2,843,662 | Total Assessment | $3,720,000 |
Property Taxes
Parcel Number
398-121-06
Land Assessment
$2,843,662
Improvements Assessment
$876,338
Total Assessment
$3,720,000
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